Clause 96 - Gifts of real property to charity

Part of Finance Bill – in a Public Bill Committee at 3:45 pm on 13th June 2002.

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Photo of John Healey John Healey The Economic Secretary to the Treasury 3:45 pm, 13th June 2002

I can see the very attractive picture that the right hon. Gentleman paints of a large property in sunny climes. In practice, we are concerned with producing legislation with a general application, not with framing it for the sort of exception that he posits. The aim is to create a legislative framework that will bring the biggest benefit and boost to income for charities, to increase donations, and to do so in a way that is as simple to administer as possible for charities, donors and the Inland Revenue. We are engaged in creating legislation for the general, not the exceptional, case.